Mumbai, March 30 -- Hinduja Leyland Finance (HLF) and Honda Motorcycle & Scooter India (HMSI) have signed a Memorandum of Understanding (MoU) to provide financing solutions for motorcycles and scooters across India.

The partnership intended to increase two-wheeler penetration in both urban and rural markets through integrated credit underwriting and digital platforms.

HLF, a non-banking financial company (NBFC) under the Hinduja Group, will offer customised loan options across the HMSI product range. The collaboration focuses on providing flexible repayment structures to improve affordability for diverse customer segments.

The partnership will utilise HLF's branch network to reach emerging and high-growth markets. Implementing swift an...